800% is an impressive-sounding risk factor for crypto assets! But it’s not amazing — in Switzerland, the Financial Market Supervisory Authority (FINMA) has told banks and dealers to assign crypto-assets a flat risk-weighting of 800 per cent. What this actually means is 800% of 8% — that if a bank buys cryptos, they can only pay 36% from debt, and the other 64% has to be equity capital — so cryptos are risky, but not 100% risky or 800% risky. The risk-weighting is to keep the banks stable It’s abstruse, but not very weird.

The Marshall Islands’ plan for a SOV cryptocurrency have prompted a no-confidence vote in the president, who was pushing the scheme.

A new Forrester report says that the shine is off the world “blockchain,” that a “blockchain winter” for funding is coming — analogous to the AI winter of the 1980s, when the wheels came off that hype — and you should say “distributed ledger technology” instead. Which means it’s time to find yet another backup euphemism to attach the same fabulous promises to. And me telling you that just cost you a lot less than the $499 that Forrester is charging.

There can only be 21 million forks of Bitcoin — so Bitcoin Cash is doing the full-history fork thing, and Poloniex is already trading futures on the tokens. Bitcoin ABC (the current software) is the hot favourite, and Bitcoin SV (“Satoshi’s Vision,” backed by Craig Wright) is not. But the really interesting bit about that story is that Coindesk has listed the journalist’s positions in cryptos at the end. 10/10 to Coindesk and Sam Ouimet, and let’s see this become standard in crypto journalism.

“EOS is not a blockchain, rather a distributed homogeneous database management system, a clear distinction in that their transactions are not cryptographically validated.” To be fair, this was sponsored by Consensys, so it’s actually “Ethereum dev shop funds study to say EOS sucks.” Still true, though.

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The content of this site is journalism and personal opinion. Nothing contained on this site is, or should be construed as providing or offering, investment, legal, accounting, tax or other advice. Do not act on any opinion expressed here without consulting a qualified professional. I do not hold a position in any crypto asset or cryptocurrency or blockchain company.